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Owner of Lakeview hardware store proposes 120-unit TOD for corner of Sheridan and Dakin

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The seven-story project is the second transit-oriented development proposed for the intersection

3911-3925 N. Sheridan and 943-957 W. Dakin
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Lakeview Ace Hardware store owner—and former 41st Ward aldermanic candidate—Joe Lomanto is looking to reposition his property at 3921 N. Sheridan as a new transit-oriented, mixed-use development. Designed by Chicago’s Sullivan, Goulette, & Wilson Architects, the roughly 80-foot building would contain 120 dwelling units and 11,000 square feet of ground floor retail. Located just steps from the Sheridan Red/Purple Line station, the development offers just 14 off-street parking spaces.

In addition to Lomanto’s hardware store, which is shown as a retail tenant in elevation drawings of the new building, the redevelopment site is currently home to a pair of single-story structures housing a sushi restaurant, bakery, and an auto mechanic. In order to allow the new development, the parcels at the southeast corner of Sheridan and Dakin would need to be rezoned from B1-2 to B3-5.

According to 46th Ward Alderman James Cappleman’s Chief of Staff Tressa Feher, the East Lake View Neighbors (ELVN) association has already submitted a letter of support regarding the proposed redevelopment of 3921 N. Sheridan. The project and its associated zoning change will next go before the 46th Ward Zoning and Development Committee.

This latest proposal isn’t the only transit-oriented development (TOD) currently on the drawing board for Sheridan and Dakin. A seven-story project from Lucien Lagrange Architects has been proposed to replace the older brick building at the northwest corner of the intersection, diagonally opposed from Lomanto’s property. That plan comes from Loukas Development and calls for 54 dwelling units plus 11 parking stalls.

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